New Delhi, July 7 -- China's ongoing restrictions on the export of rare earth magnets have sent alarm bells ringing across India's industrial sector, particularly in the automotive and electronics industries.

With supply chains under mounting pressure, industry leaders and policy experts are calling for immediate and strategic action to reduce India's overdependence on Chinese inputs.

Rare earth magnets are essential components in electric vehicles (EVs), renewable energy systems, and home appliances.

China, which controls more than 90 percent of global processing capacity, imposed fresh curbs on their export in April 2025, following tariff escalations announced by US President Donald Trump.

Indian automakers, heavily reliant on Chine...